REGISTERED NUMBER: 10177390 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

RETAIL STORAGE SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

Mr R Parmar

Registered office:

Unit A2 Haslemere Industrial Estate

Wigan Road

Ashton in Makerfield

Wigan

Lancashire

WN4 OBZ

Registered number:

10177390 (England and Wales)

Accountants:

Cowgills Limited

1st Floor Waterside House

Waterside Drive

Wigan

Lancashire

WN3 5AZ

FIXED ASSETS

Tangible assets

4

29,966

32,132

CURRENT ASSETS

Stocks

3,748

8,100

Debtors

5

176,973

124,921

Cash at bank and in hand

16,150

9,380

196,871

142,401

CREDITORS

Amounts falling due within one year

6

77,273

89,165

NET CURRENT ASSETS

119,598

53,236

TOTAL ASSETS LESS CURRENT LIABILITIES

149,564

85,368

CREDITORS

Amounts falling due after more than one year

7

(4,167

)

(14,167

)

PROVISIONS FOR LIABILITIES

8

(7,492

)

-

NET ASSETS

137,905

71,201

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

137,904

71,200

SHAREHOLDERS' FUNDS

137,905

71,201

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2025 and were signed by:

Mr R Parmar - Director

1.	STATUTORY INFORMATION

Retail Storage Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 June 2024

17,883

112,925

130,808

Additions

4,300

-

4,300

At 31 May 2025

22,183

112,925

135,108

DEPRECIATION

At 1 June 2024

11,103

87,573

98,676

Charge for year

1,395

5,071

6,466

At 31 May 2025

12,498

92,644

105,142

NET BOOK VALUE

At 31 May 2025

9,685

20,281

29,966

At 31 May 2024

6,780

25,352

32,132

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

95,455

59,346

Amounts owed by group undertakings

6,000

-

Other debtors

75,518

65,575

176,973

124,921

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

30,082

52,250

Taxation and social security

31,307

20,291

Other creditors

5,884

6,624

77,273

89,165

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

4,167

14,167

8.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

7,492

-

Deferred

tax

£

Provided during year

7,492

Balance at 31 May 2025

7,492

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

63,750

Ordinary

0.001

p

1

1

During the year, the company purchased 11250 of its own shares for an amount of £15,000. The reduction in share capital has been reflected in the capital redemption reserve.